VCs Should Back Gadgets for the Sick, Not the Healthy, Doctors Say

Investors have been lining up to invest in consumer-facing health products, as wearable trackers and health apps have taken off with consumers.

But these digital-health products—widely used today by people who are already healthy—are subject to the same boom-and-bust cycle that has become the norm in other areas of technology. The sector may cool down significantly in the next couple of years, doctors attending Health Tech Capital’s HealthTech Conference in San Mateo, Calif., said.